Director, Community Asset Management

15 Days Old

Job Summary The Director of Community Asset Management will report to the Senior Director or VP, Community Asset Management and work closely with the IMG senior management team and business stakeholders within the company to develop and execute the asset management strategy for all rental communities and 3PM/JV properties under management.
Essential Job Duties And Responsibilities
Work with the business unit leader to provide strategic management of Rental Communities and scattered site 3PM/JV properties
Work with stakeholders to identify and develop strategic lease-up activities for newly delivered communities
Measure and drive community performance and KPI’s to present to senior management and/or external clients
Actively engage in acquisition/underwriting efforts and due diligence in collaboration with other groups within IMG. Key tasks include approving proforma rents and underwritten cash flows
Develop annual business plans for Communities
Provide active oversight to achieve outperformance by communicating effectively with the operations, revenue management, marketing, investments, accounting and tax groups
Develop market and competitive analysis
Maintain effective market knowledge on acquisitions and dispositions for rental communities to assist in intelligence gathering
Create a collaborative work environment with internal counterparts and external clients to serve the company’s best interests
Identify all critical business initiatives outside of normal department day-to-day activities and help drive their implementation and stabilization
Recommend and drive process improvement opportunities within the department across critical business initiatives
Participate in oversight of third-party vendor contracts and budgeting related to communities
Assist senior management team with developing and implementing new growth initiatives
Monitor monthly department financial reports against budget and summarize material variances to CIO and/or external clients
Collaborate with internal business units to build out community level and 3PM/JV reporting in systems like Tableau, Yardi, and Salesforce that mirror internal reporting and can be provided on demand to both internal and external stakeholders
Stay abreast of changes in relevant laws and regulations affecting leasing and property management, and provide updates and details on necessary policy and procedure adjustments to ownership when changes are implemented
Act as main point of contact for local market teams for community and 3PM/JV related matters
Provide direct management and oversight of 1-2 individuals
Education and/or Experience
B.A. or B.S. required
5-7+ years of experience in residential asset management. Single-family rental and/or community asset management experience a plus
Experience overseeing a team of 2 or more direct reports
Experience overseeing a portfolio of 5,000+ rental assets across multiple markets
Required Licenses Or Certifications
None
Skills/Knowledge
Excellent communication (oral and written) skills
Sound judgment and swift decision-making skills, including the proven ability to prioritize and multi-task in a fast-paced environment
Strong attention to detail and accuracy
Strong work ethic and proven ability to work successfully as a member of a high-functioning team
Aptitude with computers, internet search applications, MS Office
Competency in key property management and reporting systems including Salesforce, Tableau, Yardi
Ability to work independently with general supervision
Ability to effectively communicate with a diverse workforce
Other Requirements
Must maintain professional appearance.
Ability to be at work on a regular and consistent basis; overtime may be required for this position.
Physical and Mental Demands This position will involve long hours sitting and using office equipment and computers. The position may also entail light lifting of supplies and materials occasionally, up to and including 20 pounds in addition to reaching, stooping, standing, and walking. This position requires the ability to talk, hear, compare, compute, compile, copy, analyze, coordinate, synthesize, negotiate and communicate. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions.
Work Environment Standard office working environment that may be busy and noisy at times.
Salary Range The salary range for this position is: $98,775.00 - $171,210.00, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.
Compensation And Benefits To attract and retain top talent, we offer competitive compensation and benefits, including:
Annual bonus program
Health, dental, vision, and life insurance
Long-term and short-term disability insurance
Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays
401(k) with company matching contributions
Awesome work environment with casual dress
Team events and gatherings
Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at humanresources@invitationhomes.com.
To all recruitment agencies: Invitation Homes does not accept agency resumes. Please do not forward resumes to Invitation Homes employees. Invitation Homes is not responsible for any fees related to unsolicited resumes.
Seniority level: Director
Employment type: Full-time
Job function: Finance and Sales
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Location:
Raleigh, NC, United States
Job Type:
FullTime
Category:
Finance